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Mississauga’s Asset Management Program

The Corporate Asset Management Plan ensures activities and resources required for municipal infrastructure are optimized, while balancing costs and risks to achieve the desired performance of assets.
Timeline of the asset management plan. 2019: Asset Management Strategic Policy, 2021 to 2022: Core Infrastructure, 2024: All Infrastructure, 2025: Targeted Levels of Service, 2026: Annual Reporting.

Asset Management Program Overview

The City’s Asset Management Program helps the City manage its vast range of municipal assets. The program helps the City to:

  • Oversee the development of corporate standards
  • Implement leading asset management practices and programs

The City must balance a multitude of competing spending priorities with limited resources. As the city continues to grow, the need to make sustainable, well-timed infrastructure investments is essential. This helps to ensure we continue to deliver high-quality services for residents.

Investing in infrastructure

Investments in key services and infrastructure are critical to support a growing, thriving, modern city, now and into the future.

To learn more about investing in asset management, watch FCM’s video on why we need to invest in asset management.

In June 2019, Council approved the City’s Asset Management Policy. This policy commits to strategic alignment between the services our assets deliver and the City’s Strategic Plan.

The policy helps guide the long-range infrastructure investment planning process based on considerations such as affordability and, in the future, defined service levels.

City Asset Management Plan

The City of Mississauga owns a variety of infrastructure assets which support the delivery of our services. These assets need responsible management, including planning, acquisition, operation, maintenance, rehabilitation and eventual replacement and/or disposal.

The City’s 2021 Asset Management Plan ensures future capital budget investments are made at the right time and optimize available funding resources.

Asset value and performance

In 2019, the City of Mississauga’s combined assets had a replacement value of $13.2 billion.

Core assets such as roads, bridges, culverts, and the stormwater management system were estimated at $9.2 billion. Non-core assets (all other assets) at $4 billion.

The overall performance of the City’s road pavement currently achieves an average rating of “good.”

Likewise, the overall condition of the stormwater management system achieves a “good” condition.

Half moon shaped dial with 5 sections: very poor in red, poor in lighter red, fair in yellow, good in light green, very good in dark green. Needle is pointing to the "good" section for roads and structures.
Road pavement and structures are in “good” condition overall.
Half moon shaped dial with 5 sections: very poor in red, poor in lighter red, fair in yellow, good in light green, very good in dark green. Needle is pointing to the "good" section for stormwater.
The stormwater management system is in “good” condition.

Infrastructure Brochure

The City produces an infrastructure brochure each year. The brochure reports on 11 asset categories the City manages to deliver services, including:

  • Roads
  • Bridges
  • Street and traffic lights,
  • Walking and cycling
  • Stormwater
  • Public buildings
  • Parks and open spaces
  • Transit
  • Equipment
  • Vehicles
  • Culture

View Mississauga’s Infrastructure Brochure

Strategic Asset Management Policy

The Strategic Asset Management Policy provides guiding principles for Council, management and staff to manage the City’s assets.

It also sets out the City’s commitment to meet the requirements of Ontario Regulation 588/17 in managing the City’s assets.

  1. Community focused – The City will deliver services that our community values.
  2. Resiliency and sustainability – Decision making will proactively consider the potential direct and indirect impacts of climate change, demographics, social, political and economic changes, now and for future generations.
  3. Continuous improvement and innovation – The City will consistently monitor, assess and improve its practices and processes.
  4. Safety – The City values the safety of its employees, communities and those who use its services.
  5. Transparency and accountability – The City will clearly identify the decision-making rationale for what we are doing, how we are doing it and why we are doing it.
  6. Optimization and alignment – The City will tie decisions to service requirements and outcomes, informed by Council-approved strategic priorities.
  7. Collaboration – The City will ensure decisions are made within a consistent framework. Decisions will be informed through discussion with internal and external partners.

Several strategic documents help to inform the City’s approach to asset management, including:

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